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Zimmer Biomet Holdings Inc   (ZBH)
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Zimmer Biomet Holdings Inc Inventory Turnover Ratio (Sales)

Sales Formula, Quarterly Results, Trends, Rankings, Statistics,
 



ZBH Inventory to Sales Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Inventory Change 9.15 % 7.21 % 5.12 % -10.33 % -15.44 %
Y / Y Sales Change 5.02 % 4.93 % 10.09 % -10.44 % -13.21 %
Inventory to Sales Ratio (TTM) Sales 3.24 3.27 3.29 3.25 3.26
Overall Ranking # 1756 # 835 # 724 # 1174 # 1605
Seq. Inventory Change 2.09 % 1.54 % 4.38 % 0.87 % 0.28 %
Seq. Sales Change -6.2 % 2.11 % 0.32 % 9.3 % -6.29 %

Inventory to Sales Ratio Comment
Due to inventory build up, inventory to sales ratio sequentially decreased to 3.24 below company average.

Within Healthcare sector 322 other companies have achieved higher inventory turnover ratio. While inventory to sales ratio remained unchanged compare to previous quarter at no. .

Zimmer Biomet Holdings Inc Inventory Turnover Ratio using Cost of Sales Formula
What is Inventory Turnover Ratio?
Who are Zimmer Biomet Holdings Inc Customers?
Inventory to Sales Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 117
Healthcare Sector # 323
Overall Market # 1756

Inventory Turnover Ratio Statistics (Sales Formula)
High Average Low
3.87 3.35 2.84
(Jun 30 2017)   (Dec 31 2020)







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